Saving behaviour and health: A high-dimensional Bayesian analysis of British panel data
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In this paper, a two-part high-dimensional Bayesian modeling approach was developed to analyse the relationship between saving behavior and health, which allowed diffe... in contrast to the existing literature, their approach allows diffe...Abstract:
We develop a two-part high-dimensional Bayesian modelling approach to analyse the relationship between saving behaviour and health. In contrast to the existing literature, our approach allows diffe...read more
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Estimating Saving Functions in the Presence of Excessive-zeros Problems
TL;DR: In this article, the determinants of saving in the form of voluntary contributions to personal pension plans (PPPs) and bank deposits in Britain were developed to estimate the excessive-zeros problem, and the estimates derived from both the univariate and the bivariate zero-inflated Tobit models were consistent with the hypothesis that misreporting significantly contributes to the excessive zeros problem.
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A Theory of Human Motivation
Abstract: 1. The integrated wholeness of the organism must be one of the foundation stones of motivation theory. 2. The hunger drive (or any other physiological drive) was rejected as a centering point or model for a definitive theory of motivation. Any drive that is somatically based and localizable was shown to be atypical rather than typical in human motivation. 3. Such a theory should stress and center itself upon ultimate or basic goals rather than partial or superficial ones, upon ends rather than means to these ends. Such a stress would imply a more central place for unconscious than for conscious motivations. 4. There are usually available various cultural paths to the same goal. Therefore conscious, specific, local-cultural desires are not as fundamental in motivation theory as the more basic, unconscious goals. 5. Any motivated behavior, either preparatory or consummatory, must be understood to be a channel through which many basic needs may be simultaneously expressed or satisfied. Typically an act has more than one motivation. 6. Practically all organismic states are to be understood as motivated and as motivating. 7. Human needs arrange themselves in hierarchies of prepotency. That is to say, the appearance of one need usually rests on the prior satisfaction of another, more pre-potent need. Man is a perpetually wanting animal. Also no need or drive can be treated as if it were isolated or discrete; every drive is related to the state of satisfaction or dissatisfaction of other drives. 8. Lists of drives will get us nowhere for various theoretical and practical reasons. Furthermore any classification of motivations
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Regularization and variable selection via the elastic net
Hui Zou,Trevor Hastie +1 more
TL;DR: It is shown that the elastic net often outperforms the lasso, while enjoying a similar sparsity of representation, and an algorithm called LARS‐EN is proposed for computing elastic net regularization paths efficiently, much like algorithm LARS does for the lamba.
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Blood cholesterol and vascular mortality by age, sex, and blood pressure: a meta-analysis of individual data from 61 prospective studies with 55,000 vascular deaths.
Sarah Lewington,Gary Whitlock,Robert Clarke,Paul Sherliker,Jonathan Emberson,Jim Halsey,Nawab Qizilbash,Richard Peto,Rory Collins +8 more
TL;DR: There is conclusive evidence from randomised trials that statins substantially reduce not only coronary event rates but also total stroke rates in patients with a wide range of ages and blood pressures.
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Association of fibrinogen, C-reactive protein, albumin, or leukocyte count with coronary heart disease: meta-analyses of prospective studies.
TL;DR: The published results from these prospective studies are remarkably consistent for each factor, indicating moderate but highly statistically significant associations with CHD, even though mechanisms that might account for these associations are not clear.
Posted Content
Household Saving: Micro Theories and Micro Facts
TL;DR: A survey of the recent theoretical and empirical literature on household saving and consumption can be found in this article, where a list of reasons for saving and how well the standard theory captures these motives is discussed.